Western Industrial Nevada
- Assets
- $228.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Reno, NV
- Founding
- 03/1987
- Data as of
- 06/2023
- EIN
- 88-0218440
Organization Overview
Western Industrial Nevada is located in Reno, NV. The organization was established in 1987. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Western Industrial Nevada is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2023, Western Industrial Nevada generated $101.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $112.4k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (8.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE EDUCATIONAL PROGRAMS FOR REPRESENTATIVES OF BUSINESS, EDUCATION AND GOVERNMENT.
Describe the Organization's Program Activity:
Part 3
PROVIDE A NETWORKING EVENT FOR BUSINESS PROFESSIONALS IN NORTHERN NEVADA. EDUCATING BUSINESS PROFESSIONALS WITH PERTINENT INFORMATION ABOUT LOCAL ECONOMIC DEVELOPMENT. SERVICE OUTPUT IS MEASURED BY INCREASED BUSINESS SUCCESS IN AREA.
SPEAKER EVENTS HELD TO PROVIDE INFORMATION AND ADVICE TO PROFESSIONALS. SERVICE OUTPUT IS MEASURED BY ATTENDANCE.
NETWORKING EVENTS HELD TO CONNECT PROFESSIONALS FOR THE BETTERMENT OF BUSINESS IN NORTHERN NEVADA. SERVICE OUTPUT IS MEASURED BY INCREASED BUSINESS CONNECTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Johnson Executive Director | 10 | $17,750 | |
Shannon Bonetti Executive Director (left 11/2022) | 5 | $17,750 | |
Joy Heuer President | 3 | $0 | |
Tony Garcia Treasurer | 3 | $0 | |
Bryce Warner President Elect | 3 | $0 | |
Alexia Jobson Immediate Past President | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $72,941 |
| Membership dues | $24,500 |
| Investment income | $3,762 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $101,203 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,500 |
| Professional fees and other payments to independent contractors | $4,145 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $182 |
| Other expenses | $81,593 |
| Total expenses | $112,420 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $219,832 |
| Other assets | $0 |
| Total assets | $228,196 |
| Total liabilities | $64,519 |
| Net assets or fund balances | $163,677 |